Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash

v3.22.1
Restricted Cash
3 Months Ended
Mar. 31, 2022
Restricted Cash [Line Items]  
Restricted Cash 6.    RESTRICTED CASH

Restricted cash generally includes tenant and resident security deposits for certain of the Company’s properties, and escrow and reserve funds for debt service, real estate taxes, property insurance, capital improvements, tenant improvements and leasing costs established pursuant to certain mortgage financing arrangements, and is comprised of the following (dollars in thousands):

March 31,

December 31,

2022

2021

Security deposits

$

6,960

$

6,884

Escrow and other reserve funds

14,193

12,817

Total restricted cash

$

21,153

$

19,701

 
VERIS RESIDENTIAL, L.P. [Member]  
Restricted Cash [Line Items]  
Restricted Cash 6.    RESTRICTED CASH

Restricted cash generally includes tenant and resident security deposits for certain of the Company’s properties, and escrow and reserve funds for debt service, real estate taxes, property insurance, capital improvements, tenant improvements and leasing costs established pursuant to certain mortgage financing arrangements, and is comprised of the following (dollars in thousands):

March 31,

December 31,

2022

2021

Security deposits

$

6,960

$

6,884

Escrow and other reserve funds

14,193

12,817

Total restricted cash

$

21,153

$

19,701